1808 Arrington Rd, College Station, TX 77845
This exceptional 19.8-acre tract presents a prime opportunity for multifamily development in South College Station, Texas. Strategically located between Greens Prairie Reserve and The Ranch at Arrington apartments, near Tower Point, this property boasts approximately 355 feet of frontage on Arrington Road and a depth of 1,505 feet. The gently sloping topography is free of floodplains, enhancing its development potential. Existing utilities, including a 12-inch Wellborn Water line and 3-phase electrical service, are readily available on-site, with sewer connection requiring separate arrangement. Currently zoned R-Rural, the seller is committed to assisting the buyer with the rezoning process to MF-Multifamily. This property offers significant advantages for developers seeking a well-situated, sizable parcel in a thriving Texas community. The asking price for this exceptional development opportunity is $3,665,000. The address is 1808 & 1864 Arrington Rd, College Station, TX 77845.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.